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AMK News and Press, Assetmark Financial Holdings Inc From 02/11/21

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Company Name: Assetmark Financial Holdings Inc
Stock Symbol: AMK
Market: NYSE
Website: assetmark.com

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AMK - AssetMark Reports Record $74.5B Platform Assets for Fourth Quarter 2020

CONCORD, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial and Operational Highlights Net loss for the quarter was $9...

AMK - AssetMark Financial reported 21% growth in January platform assets

AssetMark Financial (AMK) reported Y/Y growth of 20.7% in platform assets to $74.6B at the end of January.Net flows stood at $494M (+4.7% Y/Y).Client cash increased 39.4% Y/Y to $2.44B while number of households increased 14.9%. For further details see: AssetMark Financial reported 21% ...

AMK - AssetMark to Announce Fourth Quarter 2020 Results on February 11, 2021

CONCORD, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended December 31, 2020 after the U.S. market close on Thursday, February 11, 2021. AssetMark will host a conference call ...

AMK - AssetMark Issues its 2021 Predictions for the Financial Advisory Industry

CONCORD, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK) today announced its 2021 outlook for the financial advisory industry. While the advisor-client dynamic has undergone a dramatic transformation in the past year, many in the industry agree the pandemic merely ac...

AMK - AssetMark reports 20% growth in December platform assets

In its AssetMark Monthly Knowledge, AssetMark Financial (AMK) reported platform assets of $74.5B (+20.9% Y/Y) at the end of December.Net flows stood at $636M up from negative $194M in year ago month; client cash increased 39.4% Y/Y.Number of households increased 15% to 186,602. For fur...

AMK - AssetMark Closes $250 Million Revolving Credit Facility, Retires Existing Term Loan

CONCORD, Calif., Jan. 04, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) announced today that it has entered into a new Credit Agreement with six banks, including Bank of Montreal serving as administrative agent. The Credit Agreement provides for a $250 million secu...

AMK - AssetMark Financial reported 18% Y/Y growth in platform assets

For November, AssetMark Financial (AMK) reported Platform assets of $71.8B, up 18.5% Y/Y.Net flows were $501M, down 8.4% Y/Y.Client cash was $2.5B, up 43.7% Y/Y;Number of households increased 13.8% Y/Y to 184,935 at the end of November. For further details see: AssetMark Financial ...

AMK - AssetMark Financial Holdings (AMK) Investor Presentation - Slideshow

The following slide deck was published by AssetMark Financial Holdings, Inc. in conjunction with this event. For further details see: AssetMark Financial Holdings (AMK) Investor Presentation - Slideshow

AMK - AssetMark Financial Holdings downsized FY2020 outlook

AssetMark Financial Holdings ([[AMK]] +2.1%) sales continue to improve with November net flows expected to be $500M and end of the month platform assets of $71.5B.Core business remains strong, with an annualized growth rate of 10.0%, recovering well in 3Q20 as net flows were $1.32B vs. $1.48B...

AMK - AssetMark to Participate in Upcoming Investor Conferences

CONCORD, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the following investor conferences in December. On December 3rd, the Company will present and participate at the D.A. Davidson FinTe...

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